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The National Taxpayer Service escalated its push for the IRS to adopt barcode scanning of paper tax returns in a new memo to the agency.

Under final regulations, partnerships electing to adjust the basis of partnership property under Sec. 754 will not have to include a partner's signature on their election statement.

New research shows AI is making financial advisors more efficient and more connected with clients.

To help prepare your firm for the great migration, anticipate the growing pains often associated with migrating to cloud computing.

The IRS small business/self-employed division is calling on tax practitioners to participate in three focus group sessions.

The International Auditing and Assurance Standards Board (IAASB) recently issued a nonauthoritative FAQ for reporting going concern matters in the auditor’s report.

Some taxpayers who filed tax returns for 2021 using the married-filing-jointly filing status may have received an IRS notice erroneously demanding a balance owed, the agency said.

The AICPA and CIMA recently showed support for exposure drafts developed by the International Sustainability Standards Board (ISSB).

The Wisconsin Department of Revenue (DOR) has released its state tax bulletin for July 2022, which includes a reminder about the unclaimed property voluntary disclosure program.

New research shows CFOs and CEOs facing financial issues may first look to cut expenditures on mergers and acquisitions (M&A) and environmental, social and governance (ESG).